Kestra Private Wealth Services LLC Purchases New Holdings in Schwab Short-Term U.S. Treasury ETF $SCHO

Kestra Private Wealth Services LLC purchased a new position in Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 133,530 shares of the company’s stock, valued at approximately $3,186,000.

Several other institutional investors have also bought and sold shares of SCHO. Continuum Advisory LLC purchased a new stake in Schwab Short-Term U.S. Treasury ETF in the second quarter worth $38,000. Gilpin Wealth Management LLC raised its stake in shares of Schwab Short-Term U.S. Treasury ETF by 48.2% in the third quarter. Gilpin Wealth Management LLC now owns 2,075 shares of the company’s stock valued at $50,000 after buying an additional 675 shares during the period. Richards Merrill & Peterson Inc. purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF during the 3rd quarter valued at $63,000. Provenance Wealth Advisors LLC purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF during the 3rd quarter valued at $91,000. Finally, Eastern Bank purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF during the 3rd quarter valued at $92,000.

Schwab Short-Term U.S. Treasury ETF Trading Up 0.2%

SCHO stock opened at $24.00 on Friday. Schwab Short-Term U.S. Treasury ETF has a fifty-two week low of $23.79 and a fifty-two week high of $24.46. The stock has a fifty day moving average of $23.92 and a 200-day moving average of $24.13.

About Schwab Short-Term U.S. Treasury ETF

The Schwab Short-Term U.S. Treasury ETF (SCHO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of debt issued by the US Treasury, excluding STRIPS, with remaining maturity of 1-3 years. SCHO was launched on Aug 5, 2010 and is managed by Charles Schwab.